USA - NYSE:TRNO - US88146M1018 - REIT
Overall TRNO gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TRNO was also a bad performer in the overall market in the last year.
TRNO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 57.96, a Stop Loss order could be placed below this zone.
53.22
We found 2 important support areas.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TRNO is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRNO is up. |
ChartMill Relative Strength | 23.1 | NEGATIVE | TRNO has a low relative strength, it was outperformed by 76.9% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRNO is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRNO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for TRNO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TRNO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 42.44 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for TRNO suggests low volalility. |
Average Directional Index/ADX (14) | 12.85 | NEGATIVE | The low ADX value for TRNO suggests a weak or negative trend. |
58.03
+0.34 (+0.59%)